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What Are Alternatives to Foreclosure?

Luckily for residents of Nevada, those facing foreclosure in the state have an opportunity to avoid it through mediation programs specifically designed for those facing foreclosure. While the mediation programs are optional, all Nevada residents are qualified to participate by law.

A foreclosure mediation essentially gives the homeowner or "borrower" and the lender a chance to present different options of settling the mortgage payments as a means of avoiding the foreclosure altogether. While it’s not guaranteed that a foreclosure will be avoided through mediation, it is strongly recommended as a way of clearly identifying all alternatives and, if nothing else, buying the homeowner more time in their home.

Read more to learn about some alternatives to foreclosure that may be presented in foreclosure mediation.

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"They fought a tough case in family court where I believed the odds to be against me. And they won. Don't let their beauty fool you, these two attorneys are complete power houses. I am forever indebted to them both."

- Donna


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WATCH AND LEARN
Watch & listen as Bonnie Lonardo discusses parental rights in the video titled "Which Parent Has Custody if There is No Court Order In Place?"

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DID YOU KNOW?
Bankruptcy Law Fact
Even if you cancel your bankruptcy before any debts are discharged, the filing may still remain on your credit report for up to 10 years.

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   FAMILY LAW
Nothing is more important than your family. At LJ Law, we offer help in cases such as Divorce, Pre and Post-Nuptial Agreements, Annulments, Alimony, Child Custody and Visitation, Adoption, Child Support, Guardianship, Paternity and much more.
BANKRUPCY & DEBT SETTLEMENT
Bankruptcy is a legal process where you can eliminate or repay some or all of your debts. It gives you a financial "fresh start", relieving you from the overwhelming stress of your debt burdens. LJ Law can help you understand and apply for a variety of debt settlement options.
FORECLOSURE
DEFENSE
LJ Law has a long track-record of successful Foreclosure Defense cases as well as other Real Estate litigation including but not limited to: Loan Modifications, Short Sales, Deed In Lieu, and Nevada Foreclosure Mediation.
info@LJLawLV.com          www.LJLawLV.com          (702) 998-1188
 
 
 
 
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LJ Law, 7881 W. Charleston Boulevard, Suite 160, Las Vegas, Nevada 89117, United States

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